Weetabix And Seven Other Things You Didn't Know Were Owned By China

Weetabix And Seven Other Things You Didn't Know Were Owned By China

Did you almost choke on your cornflakes when you heard Shanghai firm Bright Food had bought a majority stake in Weetabix?

Don't be so surprised. In January, chief economist and head of global research at Standard Chartered Gerard Lyons told the Guardian we were heading for a new era of "owned by China."

"The last decade could be characterised by the three words 'made in China'. In this next decade, it will be 'owned by China'."

So, from cereal to FTSE shares, here is a list of seven things you (probably) didn't know China owned.